AO_hitech
SF Bay Area
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Joined: 08/09/2004
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dturm wrote:...so they know what their costs will be. Helps in making good business plans...
Yes, business always likes to know what their costs will be, good or bad. And they love to plan for the future, at least the ones that stay in business do. ![[emoticon]](http://www.coastresorts.com/sharedcontent/cfb/images/awink.gif "awink")
And I'd say those using it as a method to simply make money for "nothing" are what is wrong with capitalism.
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AO_hitech
SF Bay Area
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Joined: 08/09/2004
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CRay wrote:Hopefully this very simplified example make sense to you.
Yes it does, very much so. Thanks. I understand the value after the last two explanations. It is a necessary system, it's just broke. All we need to do is fix it (yeah, that was easy for me to say ).
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Rocket_Heart
Waterville, Ohio
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Joined: 03/05/2005
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In todays news. Oil prices dropping.......ok where?? I sure don't see any!
Thomas "Rocket Heart" Emahiser
Anna,DW
Matthew
Alaina
2007 Itasca Suncruiser 35L
8.1 Vortec - 6 speed Allison Trans.
Workhorse W22 Chassis
2009 Versa(Toad)
Waterville, Ohio
"Go Bucks"
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winkyb
Florida
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Rocket_Heart wrote:In todays news. Oil prices dropping.......ok where?? I sure don't see any!
Ever notice when oil gos up so does gas that day.Oil gos down so does gas two or three months later.![[emoticon]](http://www.coastresorts.com/sharedcontent/cfb/images/confused.gif "confused")
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stevenicoldeactivate
Hillsboro, Oregon
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Joined: 01/27/2007
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AO_hitech wrote:...I'd say those using it as a method to simply make money for "nothing" are what is wrong with capitalism.
...and others would say that those trading commodities "as a method to simply make money" are the kernel of the entrepreneurial spirit that powers capitalism!
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slowlane
Millersville, MD
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I won't quote that big blast of socialist propaganda above, but will just be glad most Americans won't buy the baloney that Washington DC politicians and bureaucrats could do a better job of running the oil industry than capitalists.
A large part of the global oil industry problem is that most of the big oil companies are government owned and operated, which is why when their current pumps start to run dry, they are so incompetent about developing new production. Do you think it is coincidence that the countries with declining production (Mexico, Norway, UK, Russia, and yes, the US) typically have the local oil industry under government heel? If not in through direct government control, then as in the US through restrictions on development.
Imagine turning US oil industry management over to the same Washington DC clowns who have already hamstrung US energy production, who have a nearly unbroken record of fiasco in trying to manage any complex enterprise (Katrina response, immigration & border control, leading the US toward "energy independence, "War on Drugs", "War on Poverty", etc, etc), and who at this moment are debating a monstrous idiotic global warming bill to drive our fuel and energy prices even higher. Duh!
07 Rev 40E
Happily and guiltlessly maximizing my carbon footprint
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traxtermax
UPSTATE NEW YORK
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Joined: 05/26/2004
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stevenicol wrote:AO_hitech wrote:...I'd say those using it as a method to simply make money for "nothing" are what is wrong with capitalism.
...and others would say that those trading commodities "as a method to simply make money" are the kernel of the entrepreneurial spirit that powers capitalism!
I'm sure Ken Lay would agree with that. Apparently, in a way, he sometimes sold "nothing" for a lot of money.
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traxtermax
UPSTATE NEW YORK
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slowlane wrote:...Imagine turning US oil industry management over to the same Washington DC clowns who have already hamstrung US energy production, who have a nearly unbroken record of fiasco in trying to manage any complex enterprise (Katrina response, immigration & border control, leading the US toward "energy independence, "War on Drugs", "War on Poverty", etc, etc),
Somehow, I can't see the American business man rushing to dole out money and services (however inept) for these fiascos -- after all, such action would produce negative profit margins.
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topflite51
In The Desert of Nevada
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Joined: 05/13/2004
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Anyone, and I do mean anyone, who feels that the United States government will solve our energy problems are truly smoking something illegal. They need to come up with a program, but the implementation and the successful completion of any such program lies with the American entrepreneurial businessmen. Like it or not, goverment can't do it. Their recent track record, says they can't and that they won't do it.
">David
Just rolling along enjoying life
w/F53 Southwind towing a 87 Samurai or 01 Grand Vitara looking to fish
Simply Despicable ">
Any errors are a result of CRS.">
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traxtermax
UPSTATE NEW YORK
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topflite51 wrote:Anyone, and I do mean anyone, who feels that the United States government will solve our energy problems are truly smoking something illegal. They need to come up with a program, I agree (I think I'm getting sick and starting to convulse ![[emoticon]](http://www.coastresorts.com/sharedcontent/cfb/images/biggrin.gif "biggrin") ) and they must fund the research and development to make sure the program is efficient and sustainable, THEN turn it over to private enterprise once it's proven practical and profitable.....
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